"Unveiling the Persistent Gender Wage Gap on Equal Pay Day"
On Equal Pay Day, it's highlighted that women still earn 84 cents for every dollar men make, or even less when factoring in part-time and seasonal work. President Biden acknowledged the ongoing fight for equal pay despite progress, and education doesn't level the playing field as women with master's degrees earn 72 cents for every dollar men with the same degree make. The enduring wage gap is attributed to employer treatment and women's choices about work and family. The Biden administration aims to narrow the gap by addressing job sector differences and promoting initiatives to recruit more women in high-demand fields. Additionally, women in leadership positions have been steadily increasing, with a record number of 52 women leading Fortune 500 companies last year.
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- Today is Equal Pay Day. Here's what the gender wage gap looks like in Maryland CBS Baltimore
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